Facebook moves fast, breaks something

Last week, Facebook decided to unilaterally change the e-mail address displayed on members’ “About” pages to ones that end with the company’s own @facebook.com. For many, it’s become another example of Facebook’s famous “move fast and break things” mentality. The move resulted in confusion over missing e-mail, then was further compounded by a software glitch that automatically replaced important work e-mail addresses in some members’ contact lists. Full story : San Francisco Chronicle

Facebook Vows Fix for E-Mail Bug

A Facebook spokesperson told news media that, for some Facebook-synced mobile devices, “a bug meant that the device was pulling the last e-mail address added to the account rather than the primary e-mail address,” which apparently resulted in the @facebook.com addresses being pulled when the user sent e-mail using the device. Facebook is promising a fix soon for last week’s e-mail mess. When the social networking giant released a new setting, it changed all users’ default e-mail addresses to that user’s name@facebook.com — and changed addresses stored on at least some synced mobile devices. Full story : Sci-Tech Today

Facebook, Yahoo Settle Patent Fight With Advertising Deal

Facebook and Yahoo on Friday settled a patent dispute with a new ad partnership. Under the deal, Facebook and Yahoo will cross-license the patents in question to each other. The companies will also team up for joint “premium media experiences” across both sites, which will include Yahoo event coverage on Facebook and an expansion of Facebook integration across Yahoo. Full story : PCWorld (blog)

Perk wars: Facebook, Zynga, Google jockey for top talent

If you haven’t been to the company spa, arcade, bar or bowling alley, you probably work outside of Silicon Valley. Technology companies are lavishing employees with perks here at a time when much of the nation is experiencing just the opposite: job cuts, belt-tightening at the office and the strains of a generally sour economy. Full story : USA TODAY

Facebook Buys a Stake in $450M Asian Undersea Cable Consortium

Facebook has taken a stake in a US$450 million project to link South Asian countries with an undersea cable, a company spokeswoman said Friday. The project is expected to be ready some time in 2014. The Asia Pacific Gateway will run from Malaysia to South Korea and Japan, with branches to mainland China, Hong Kong, Singapore, Taiwan and Vietnam, according to a July 3 filing to Malaysian stock market regulators by Time Dotcom, another of the partners in the consortium behind the project. Full story : pcworld.com/businesscenter

First Came Facebook Disconnect; Now, Open Graph Redirect

A new Chrome plug-in that lets users bypass the installation of Facebook apps, but still consume the content your friends are sharing via those Facebook-enabled apps, has been picking up users at a solid clip since going live only a week ago. Facebook Open Graph Redirect, which works with Facebook apps for sites like SocialCam, Yahoo, the Washington Post and others, now has 3,200 users, and another developer has now used the same code to create a Firefox plug-in as well. Full story : TechCrunch

Facebook, GM Talk Ads

General Motors stopped advertising on Facebook shortly before the social media company’s I.P.O., causing damage to Facebook’s reputation. Now, the two are talking again. After a public falling-out in May, General Motors and Facebook may be ready to patch things up. Full story : www.hispanicbusiness.com

Facebook: Our phone app DID seize your email

Facebook has admitted its mobile app altered phones’ contacts books to use @facebook.com addresses. A bug in the Facebook contacts API caused the mobile client to download and save the most recently added email address, rather than the account default, when synchronising a user’s friends list and the phone’s contact book. Because the “most recent” was the Facebook address, punters’ contacts were rewritten and their email rerouted as a result. Full story : Register

ServiceNow Finds Smooth IPO Sailing After Facebook

With Facebook’s bungled public debut and lingering concerns in the economy, ServiceNow’s strong IPO on Friday buoyed an otherwise disappointing quarter for venture liquidity. Up 37% from its $18 IPO price at the end of its first day of trading, ServiceNow, which provides cloud-based IT software services, could spur demand for more near-term deal flow as companies such as Palo Alto Networks and Kayak Software consider IPOs. Full story : Wall Street Journal